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EARNINGS PER COMMON SHARE
12 Months Ended
Sep. 30, 2014
EARNINGS PER COMMON SHARE [Abstract]  
EARNINGS PER COMMON SHARE
NOTE 2.  EARNINGS PER COMMON SHARE
 
A reconciliation of the net income and common stock share amounts used in the computation of basic and diluted EPS for the fiscal years ended September 30, 2014, 2013 and 2012 is presented below.
 
  
2014
  
2013
  
2012
 
  
(Dollars in Thousands, Except Share and Per Share Data)
 
Earnings
      
Net income
 
$
15,713
  
$
13,418
  
$
17,114
 
             
Basic EPS
            
Weighted average common shares outstanding
  
6,117,577
   
5,595,733
   
3,460,877
 
Less weighted average nonvested shares
  
(4,301
)
  
(2,032
)
  
-
 
Weighted average common shares outstanding
  
6,113,276
   
5,593,701
   
3,460,877
 
             
Earnings Per Common Share
            
Basic
 
$
2.57
  
$
2.40
  
$
4.94
 
             
Diluted EPS
            
Weighted average common shares outstanding for basic earnings per common share
  
6,113,276
   
5,593,701
   
3,460,877
 
Add dilutive effect of assumed exercises of stock options, net of tax benefits
  
85,133
   
53,437
   
19,601
 
Weighted average common and dilutive potential  common shares outstanding
  
6,198,409
   
5,647,138
   
3,480,478
 
             
Earnings Per Common Share
            
Diluted
 
$
2.53
  
$
2.38
  
$
4.92
 

Stock options totaling 29,984, 88,828 and 308,351 were not considered in computing diluted earnings per common share for the years ended September 30, 2014, 2013, and 2012, respectively, because they were not dilutive.